United Pressings and Fabrications: Difference between revisions
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1990 The Pressings and Fabrications division of [[Parkfield Group]] was sold to a management buyout; this was basically the chassis-making concern that had been built up over the previous 4 years by a series of acquisitions of West Midlands companies. This became [[United Pressings and Fabrications]] on 31st August and seems to have been very successful.<ref>The Times Sept. 4, 1990</ref> | 1990 The Pressings and Fabrications division of [[Parkfield Group]] was sold to a management buyout; this was basically the chassis-making concern that had been built up over the previous 4 years by a series of acquisitions of West Midlands companies. This became [[United Pressings and Fabrications]] on 31st August and seems to have been very successful.<ref>The Times Sept. 4, 1990</ref> | ||
1994 Stock market listing planned as '''UPF | 1994 Stock market listing planned as '''UPF UK Ltd'''<ref>The Times Feb. 28, 1994</ref> | ||
1998 The managers took the business private, at more or less the flotation price, in order to win funding for an acquisition of a German company<ref>The Times Sept. 5, 1998</ref> | 1998 The managers took the business private, at more or less the flotation price, in order to win funding for an acquisition of a German company<ref>The Times Sept. 5, 1998</ref> | ||
Revision as of 17:17, 30 May 2024
of Wolverhampton, maker of vehicle chassis
1990 The Pressings and Fabrications division of Parkfield Group was sold to a management buyout; this was basically the chassis-making concern that had been built up over the previous 4 years by a series of acquisitions of West Midlands companies. This became United Pressings and Fabrications on 31st August and seems to have been very successful.[1]
1994 Stock market listing planned as UPF UK Ltd[2]
1998 The managers took the business private, at more or less the flotation price, in order to win funding for an acquisition of a German company[3]
2001 Went into liquidation. This prompted a major argument between the major customer, Land Rover and the liquidators over the amount of money that Land Rover should pay.[4]